North Fort Myers, Florida Property Taxes
The median property tax rate in North Fort Myers, FL is 1.32%, notably higher than both the national median of 0.99% and the Florida state median of 1.14%. With a median home value of $193,975, the typical annual property tax bill in North Fort Myers reaches $2,109, which is below the national median of $2,690. Property taxes in North Fort Myers are calculated based on the tax assessed value, which often falls below the market value due to various exemptions like the primary residence and agricultural exemptions. Understanding North Fort Myers' property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of North Fort Myers or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
North Fort Myers, Florida Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
1.32%
Estimate Property Tax Bill
$2,560
$2,376
Ownwell’s North Fort Myers Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in North Fort Myers with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in North Fort Myers to estimate your property tax bill. This insightful tool helps you understand potential tax liabilities. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across North Fort Myers, Florida
Property taxes in North Fort Myers, FL, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in North Fort Myers is 0.83%, which is lower than both the Florida state median of 0.86% and the U.S. national median of 0.99%. Local government entities within North Fort Myers set these rates annually, and they can vary significantly across different neighborhoods. Each year, North Fort Myers estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares North Fort Myers' effective property tax rate to other counties in Florida and the national median. For comparison, the 33917 zip code has the highest median property tax rate of 0.83%, while the same zip code also has the lowest median tax rate of 0.83%. Understanding how these cities compare with North Fort Myers provides valuable insights into the varying tax landscape across Lee County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average North Fort Myers Tax Rate
1.32%
Average Charlotte County Tax Rate
1.42%
Average Florida Tax Rate
1.14%
Average United States Tax Rate
0.99%
Property Tax Rates Across North Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33917 | 0.77% | 0.95% | 1.32% | 1.80% | 2.30% |
Source: Ownwell
Property Tax Assessment Values Across North Fort Myers, Florida
In North Fort Myers, Florida, understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Charlotte County Property Appraiser for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In North Fort Myers, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in North Fort Myers helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code with the highest median tax bill is 33917, with a median tax bill of $2,109.
Property Tax Assessment Values Across North Fort Myers, Florida
Source: Ownwell
$32,300
$575,877
$1,119,453
Average North Fort Myers Assessed Value
$193,975
Average Charlotte County Assessed Value
$241,434
Average Florida Assessed Value
$276,648
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across North Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33917 | $49,884 | $93,760 | $193,975 | $293,650 | $383,106 |
Source: Ownwell
Property Tax Bills Across North Fort Myers, Florida
In North Fort Myers, property tax bills are calculated based on the assessed value of the property and the local tax rate. The assessed value is determined by the county assessor and is meant to reflect the property's market value. Factors such as location, property size, and improvements made to the property play a significant role in this valuation. Homeowners in North Fort Myers can expect varying tax bills depending on their property's assessed value. For example, the 25th percentile tax bill is around $1,345, while the 75th percentile tax bill is approximately $3,509. Those at the 90th percentile face tax bills nearing $4,468. The median home price in North Fort Myers is $193,975, which, when compared to the national median property tax rate of 0.99%, suggests that local tax rates and property values significantly influence the overall tax burden. This variability in tax bills can impact homeowners' financial planning and long-term investment in their properties.
Average North Fort Myers Tax Bill
$2,109
Average Charlotte County Tax Bill
$3,041
Average Florida Tax Bill
$2,953
Average United States Tax Bill
$2,690
Property Tax Bills Across North Fort Myers, Florida
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 33917 | $860 | $1,345 | $2,109 | $3,509 | $4,468 |
Source: Ownwell
Don't miss the deadline to petition!
Dates | |
|---|---|
| Property Valuation Date | January 1 |
| Appeal Deadline | September 13 |
| Tax Bill | |
| Issued | November 1 |
Links | |
|---|---|
| Charlotte Property Appraiser | |
| Website | www.ccappraiser.com |